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Famous Brands Ltd (FBRJ.J)

FBRJ.J on Johannesburg Stock Exchange

9,510.00ZAc
23 Nov 2017
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Mon, Oct 30 2017

South Africa's Famous Brands' H1 profit falls, Brexit weighs

JOHANNESBURG, Oct 30 South African fast food chain owner Famous Brands reported a 59 percent drop in half-year earnings on Monday after its British business weighed on profits in the wake of the United Kingdom's decision to exit the European Union.

BRIEF-Famous Brands sees HY 2017 HEPS to fall within range of 153-187 cents

* ‍FOR SIX MONTHS ENDED 31 AUGUST 2017, HEPS ARE EXPECTED TO DECREASE TO WITHIN RANGE OF 153 CENTS PER SHARE TO 187 CENTS PER SHARE​

South Africa's Famous Brands warns on profits, shares drop

JOHANNESBURG, Aug 16 Famous Brands, South Africa's biggest fast-food restaurant chain, on Wednesday warned of lower half-year results and cut its margin forecast, sending its shares down more than 8 percent.

BRIEF-Famous Brands forecasts weaker six-month results

* ‍AS AT JULY 31, 2017, GROUP'S ENTIRE NETWORK COMPRISED 2,801 RESTAURANTS

UPDATE 1-Famous Brands scraps dividend as acquisitions boost debt

* Shares fall more than 3 pct (Adds CEO comment, results details)

South Africa's Famous Brands scraps full-year dividend

JOHANNESBURG, May 29 South African fast food group Famous Brands scrapped its dividend on Monday for the first time in 13 years, seeking to conserve capital after debt levels rose following seven acquisitions, which include Gourmet Burger Kitchen.

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